Canara Robeco Small Cap Fund: New Fund Offer (NFO) of Canara Robeco Mutual Fund is being issued from 25-January-2019 to 08-February-2019.
According to the Canara Robeco Mutual Fund, this scheme is suitable for investors who are seeking:-
- Capital appreciation over the long term, and
- Investing predominantly in equities and equity related instruments of small cap companies.
About Canara Robeco Small Cap Fund New Fund Offer (NFO)
| Name of the Scheme | Canara Robeco Small Cap Fund |
|---|---|
| Fund House | Canara Robeco Mutual Fund |
| Scheme Type | Open-Ended |
| Scheme Category | Small Cap Fund |
| Plans | Direct and Regular, both have Growth and Dividend Options |
| Issue Starts | 25-January-2019 |
| Issue Closes | 08-February-2019 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs 5,000 |
| Entry Load | Nil |
| Exit Load | 1% if redeemed within a year, otherwise Nil. |
| Investment Manager | Canara Robeco Asset Management Company Ltd. |
(Read: NFO: New Fund Offer of Mutual Funds)
Investment Objectives
According to the fund house, the investment objectives of the scheme is as follows:-
To generate capital appreciation by investing predominantly in Small Cap stocks.
However, there can be no assurance that the investment objective of the scheme will be realized.
Proposed Asset Allocation
| Instruments | Indicative allocations (% of total assets) |
Risk Profile | |
|---|---|---|---|
| Minimum | Maximum | High/ Medium/ Low | |
| Equity and Equity-related Instruments of Small cap companies | 65 | 100 | High |
| Equity and Equity-related Instruments of companies other than Small cap companies | 0 | 35 | High |
| Debt and Money Market Instruments | 0 | 35 | Low to Medium |
| Units issued by REITs and InvITs | 0 | 10 | Medium to High |
Note: Investment in Derivatives can be up to 40% of the Net Assets of the Scheme.
(Read: Mutual Funds in India: What and How to Invest)
About Canara Robeco Mutual Fund
Canara Robeco Mutual Fund is the second oldest mutual fund in India which was established in the year 1987. This a joint venture between Canara Bank, India’s leading public sector bank and Robeco, a part of ORIX Corporation, Japan. 51% shares of the company are held by Canara Bank and 49% of the shares are held by ORIX Corporation.
As on 31-Dec-2018, the Asset Under Management (AUM) of the company is Rs 1422.30 crores.
Registered and Corporate Address: Construction House, 4th Floor, 5, Walchand Hirachand Marg,
Ballard Estate, Mumbai – 400 001.
Tel.ephone No. +022 – 66585000, 66585085-86,
Website: www.canararobeco.com
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
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Tags: #NFO #Mutual Fund #Canara Robeco Mutual Fund #Canara Robeco NFO #New Fund Offer
